All GLG News Analyses Filed Under: Accounting Issues

The  global  economy  is  today caught  in  a  quagmire. The  WTO  talks  are  stumbling. Securities  markets  don't  know  which  way to  go. Each  day comes  with  a  new  piece  of ...

Bring government spending under control, avoiding a steady collapse of the government's financial house. Impose stricter regulations and closer risk controls on financial institutions. Banking must return to a higher standard of ethical behaviour to ease crisis of confidence.

A  lot  has  been  written  about  the  convergence  of  accounting  standards over  the  last  few  years. The  bandwagon  also  moves  on. There  are  however  major  stumbling  blocks....

The requirements for pricing securities from active external market transactions for prompt reporting to management and investors reflect the internet speed and transparency required for continuing national prosperity in the round the clock world of finance. Absent Fair Value Accounting standards, the...

The FASB proposes  to  do  a  complete  revamp of  SFAS 133 and all  the  associated baggage  that  goes  with  it. The standard itself is so  complicated  that  I wonder  if  it  can  really  be ...

The article goes into sub-prime mortgage valuations. i wanted to add a couple of comments about the negaitive effects of homes/properties being repossessed. This causes losses for the lender as they do not recover the principal and interest outstanding. It causes devastation and financial and social/psychological...

The referred  article  gives  three different expert perspectives on fair value. In this analysis I  look  at  what  drives  fair  value  and  why fair value accounting applied on a consistent basis can help avoid poor financial reporting.

The US wastes massive amounts of energy in inefficient production facilities, via an inappropriate transportation system and in poorly designed homes and office buildings. Compounding the problem are financial institutions, which create commodities products for speculative purposes. Is it not time...

The mortgage crisis, the hyperinflationary oil prices and gyrations in securities markets apart from the  errors by  rating institutions point to  a  coming metamorphosis in  the  presentation of  accounting statements. Accounting literature gives little guidance on...

Without the fair value accounting and mark-to-market concepts, the modern investment banking and asset management industry could not function. We live in a real time world and the above concepts reflect this fact. The real danger to the system is too much leverage, lax risk management and a missing,...